Sources: Alibaba to buy out Baidu and other investors in food-delivery service Ele.me, making it the biggest player in China's online food delivery market (Lulu Yilun Chen/Bloomberg)

http://ift.tt/2CmTX4i

Lulu Yilun Chen / Bloomberg:
Sources: Alibaba to buy out Baidu and other investors in food-delivery service Ele.me, making it the biggest player in China's online food delivery market  —  Alibaba is said to want Ele.me's last-mile delivery network  —  Ele.me had acquired Baidu's food delivery business in August